They like to take all the bag holder money they can...they don't want worthless shares.
.
2013 Total Compensation Info From May 30, 2014 NAP Notice of AGM
Phil Du Toit President, CEO.........................$ 1,034,328.00
Dave Langille CFO.......................................$ 645,089.00
Tess Lofsky V.P. General Counsel................$ 500,953.00
Jim Gallagher COO.......................................$ 467,257.00
Kevin Small Director Technical Services.......$ 431,218.00
.
SEDI (System for Electronic Disclosure by Insiders) website Jan 11 2015, Same as insider share data from Ink Research Jan 10 2015....Share holdings, direct, indirect, common & restricted.
CEO, Du Toit 20,672
CFO, Langille 53,958
COO, Gallagher 91,325
VP, Peck 26,315
VP, Lofsky 22,438
.
In total senior management holds only 214,708 of the 386.51 million shares outstanding. Management obviously has no confidence in PAL, only a pittance of holdings, absolutely no skin in the game.
.
